Charitable Lead Trust

In contrast to “life income” gifts that provide you with a current payment stream and The Community Hospice Foundation with a future remainder interest, a Charitable Lead Trust (CLT) provides a current payment stream to The Community Hospice Foundation and a remainder interest to you or a designated beneficiary. A CLT can be an ideal way to meet The Community Hospice’s current needs or to satisfy an existing pledge. Income producing assets that are also appreciating in value can be especially effective for funding a charitable lead trust, since growth in the value of the assets during the term of the trust escapes the gift or estate taxes completely.